|Bid||0.00 x 900|
|Ask||100.48 x 800|
|Day's Range||98.86 - 100.00|
|52 Week Range||81.78 - 106.21|
|Beta (3Y Monthly)||0.64|
|PE Ratio (TTM)||57.10|
|Earnings Date||Feb 19, 2019|
|Forward Dividend & Yield||2.08 (2.11%)|
|1y Target Est||107.00|
Retail's on the rise, as major retailers prepare to report earnings next week. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Brian Kelly, Steve Grasso and Guy Adami.
If you want to help improve the security of smart home devices, you might want to start by shaming the retailers who sell the least secure gadgets.
A short week on Wall Street brings a fairly light earnings slate, with one huge Dow component arriving at an anxious time for the retail sector.
After the stock pullback, our 7.3% five-year industry forecast is about 325 basis points or 1.75 times above the 4% five-year market-implied growth on our reverse analysis—as well as the developing story of Constellation’s significant investment in Canadian cannabis-products developer Canopy Growth. The maker and marketer of performance apparel and footwear delivered a low-quality fourth-quarter beat, with adjusted EPS of nine cents coming in ahead of our three-cent estimate and its consensus estimate at four cents. Gross margin expansion of some 160 basis points was also relatively in line with our estimate, reflecting mixed benefits (channel, region), lower product costs, lower promotions, and lower air freight.
CNBC's Jim Cramer eyes the week ahead, which will feature earnings reports from Walmart, CVS and more. "If we get a [trade] deal ... I think the stocks of many international companies ... can rally because at this point the earnings estimates are too low," Cramer says. Norwegian Cruise "could be the standout that potentially reignites the whole group, which is dirt cheap," the "Mad Money" host says.
Toymakers Mattel Inc. and Jakks Pacific Inc. both have announced merchandising deals with major movie franchises, with Mattel teaming with Illumination and Universal Brand Development on "Despicable Me” toys and Jakks aligning with Warner Bros.’ Godzilla franchise.
Walmart reports earnings Tuesday, and strategists are watching the big discounter closely after December's retail sales as tracked by the Commerce Department fell the most in nine years. The Fed calmed the markets in late January when it said it could stop raising interest rates, but investors are watching the release of its meeting minutes for any sign the Fed could veer off its easy path. As far as the general tenor, it's hard to see it more dovish than it was on Jan. 30," said Michael Schumacher, director strategy at Wells Fargo.
Walmart’s grocery business is expected to shine when the retail giant reports its latest quarterly earnings.
Apollo Global Management affiliates will acquire a majority stake in Cox Media Group's broadcast TV stations. Cox said last year it was looking to sell its broadcast stations as the industry continues to consolidate. CNBC previously reported that Hearst, TEGNA and EW Scripps had been interested in the bid.
Editor's note: InvestorPlace's Earnings Reports to Watch is updated weekly. Please check back next week for our latest earnings picks.Earnings season has peaked. To be sure, a few major companies report key earnings next week. But we've already seen fourth-quarter earnings reports from most of the biggest and most important stocks in the market.It has been a strong season. Per Factset data, as of last week over 70% of S&P 500 companies posted earnings that came in ahead of analyst estimates and 62% beat consensus expectations on revenue.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThose strong results have boosted U.S. stocks. The S&P 500 trades at a 10-week high, and has gained 15% so far this year. But trading could get bumpier in the coming weeks.Retail sales disappointed, leading markets down on Thursday. With fiscal Q4 numbers from most retailers on the way, investors will be paying close attention to commentary in that sector. * 10 Hot Stocks Leading the Market's Blitz Higher That includes an earnings report next week from the world's largest retailer. It's one of several that will address key questions facing the market right now. Is retail healthier than this week's report suggests? Will the rebound in Chinese stocks continue? And what kind of tolerance do investors have for risk in this market? Next week, including these three important earnings reports to watch, should give some much-needed clarity.Source: Shutterstock Walmart (WMT)Earnings Report Date: Tuesday, Feb. 19, before market openParticularly after Thursday's report, fiscal Q4 earnings from Walmart (NYSE:WMT) could move the market. As the biggest retailer in the U.S. -- and the world -- Walmart will give retail investors the first look at consumer confidence over the important holiday season.Earnings next week are key for WMT stock itself as well. WMT has seen whipsaw trading in recent months as investors gauge the health of its omnichannel efforts. The Q4 earnings report should show not only whether Walmart's demand trends are heading in the right direction, but if its infrastructure was able to handle the holiday crush, allowing Walmart to back off its spending.But it's not only Walmart shareholders who will be watching the report closely. Walmart clearly is trying to fend off Amazon.com (NASDAQ:AMZN), and strong numbers Tuesday could impact that high-flying (and dearly valued) stock. Target (NYSE:TGT) is making its own improvements, and trying to position itself as the best large-cap retail stock to buy.Indeed, all investors need to keep a close eye on this report. Good numbers from Walmart should help the sector and tell the market that the weak retail sales report can be safely ignored. Disappointing sales from this retail giant, however, could lead to market-wide concerns that consumer confidence is fading. That new narrative could be enough to knock the market as a whole off recent highs, particularly with a slew of retail reports on the way over the next few weeks.Source: Shutterstock Bausch Health (BHC)Earnings Report Date: Wednesday, Feb. 20, before market openBausch Health (NYSE:BHC), formerly known as Valeant Pharmaceuticals, almost seems forgotten these days. What was a battleground stock in 2016-2017 now is just another drug manufacturer trying to navigate a tough industry with a challenged balance sheet.Indeed, 30-day average daily volume in BHC has dropped from over 30 million at 2016 peaks to barely 4 million -- its lowest levels in over three years. But Bausch Health will regain the spotlight on Wednesday. And its earnings represent an interesting test case for the pharmaceutical sector.After all, drug stocks typically haven't performed that well in recent years. The sector saw more volatility earlier this month after the federal government proposed ending rebates to PBMs (pharmacy benefit managers).Bausch should be the first major manufacturer to speak to the import and impact of those potential rules. And the reaction to its earnings could signal investor attitudes toward the sector -- and toward high-debt stocks in general. In the low interest rate environment of the past few years, many companies took on heavy leverage. * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? If investors are willing to look past Bausch's balance sheet, they may be similarly forgiving elsewhere. But if the reaction to Bausch earnings next week is negative, that could be a sign that the market is again looking to get away from risk and that worries about higher interest rates could again pressure U.S. stocks.Source: Shutterstock Baidu (BIDU)Earnings Report Date: Thursday, Feb. 21, after market closeBut of all the earnings reports on the earnings calendar next week, none will better highlight investors' risk appetite than Baidu (NASDAQ:BIDU). Chinese stocks were absolutely hammered in 2018 -- but they've rallied in 2019. Of 39 U.S.-listed Chinese stocks with a market capitalization over $2 billion, all 39 are positive this year. BIDU stock actually has lagged the group, gaining "just" 10%.That sets up a key earnings report from Baidu on Thursday. Will investors react to good numbers and send BIDU higher? Or are the trade war and macro fears that plagued Chinese stocks last year set to return? iQiyi (NASDAQ:IQ), in which Baidu still owns a substantial stake, also reports on Thursday afternoon, and should provide another test for the market.If BIDU and IQ can rally in Friday trading, the rebound in Chinese stocks should continue. If they disappoint -- or worse, if investors sell the news -- then the group simply may have had a "dead cat bounce," with Thursday's reports sparking a return to the lows.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal Compare Brokers The post 3 Earnings Reports to Watch Next Week appeared first on InvestorPlace.